Florida Gas Transmission Company, LLC

Fourth Revised Volume No. 1

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Effective Date: 09/01/2006, Docket: RP06-463-000, Status: Effective

Original Sheet No. 300 Original Sheet No. 300 : Effective

GENERAL TERMS AND CONDITIONS

(continued)

3. For non-biddable releases:

a. Timely Cycle

(i) posting of prearranged deals not subject to bid are due by 10:30

A.M.;

(ii) contract issued within one hour of award posting (with a new

contract number, when applicable); nomination possible beginning at

the next available nomination cycle for the effective date of the

contract. (Central Clock Time)

b. Evening Cycle

(i) posting of prearranged deals not subject to bid are due by 5:00

P.M.;

(ii) contract issued within one hour of award posting (with a new

contract number, when applicable); nomination possible beginning at

the next available nomination cycle for the effective date of the

contract. (Central Clock Time)

c. Intraday 1 Cycle

(i) posting of prearranged deals not subject to bid are due by 9:00

A.M.;

(ii) contract issued within one hour of award posting (with a new

contract number, when applicable); nomination possible beginning at

the next available nomination cycle for the effective date of the

contract. (Central Clock Time)

d. Intraday 2 Cycle

(i) posting of prearranged deals not subject to bid are due by 4:00

P.M.;

(ii) contract issued within one hour of award posting (with a new

contract number, when applicable); nomination possible beginning at

the next available nomination cycle for the effective date of the

contract. (Central Clock Time)

4. Processing of Uploads

Transportation Service Providers which support capacity release should accept and

process uploads of capacity release offers from Relinquishing Shipper(s) (or its

authorized third party service provider), provided the offer is received by the

Transportation Service Provider at their designated site no later than 15 minutes

prior to the respective deadline specified in NAESB Standard No. 5.3.2. Such received

offer, if determined to be valid, should be posted as an offer and should be available

for bidding by the posted-by deadline and start of bidding time specified (for the

received Business Day) in NAESB Standard No. 5.3.2 or the Relinquishing Shipper's

specified Business Day (if later than the received Business Day).

Transportation Service Providers which support capacity release should accept and

process uploads of capacity release bids from potential Acquiring Shipper(s) (or its

authorized third party service provider), provided the bid is time-stamped as leaving

control of the bidder no later than the respective deadline as specified in NAESB

Standard No. 5.3.2 and is received by the Transportation Service Provider at their

designated site no later than fifteen minutes after such deadline. Such timely bid,

if determined to be valid, should be evaluated by the Transportation Service Provider

for the purpose of identifying the winning bidder associated with the offer upon which

the bid was made.

E. Notice Required by Shipper

1. Notice by Relinquishing Shipper. A Shipper who desires to relinquish any or all of

its eligible capacity must notify Transporter of said Shipper's desire to relinquish

eligible capacity ("Relinquishing Shipper") and the terms and conditions of such

proposed relinquishment. (Such notice is hereinafter referred to as the

"Relinquishment Notice"). Such Relinquishment Notice shall be in writing or provided

electronically pursuant to Section 9.B and in the form set out in the Tariff and

shall be executed by an authorized representative of the Relinquishing Shipper. All

terms and conditions a Relinquishing Shipper proposes shall be posted as set forth

below. Such terms and conditions must be objectively stated, non-discriminatory and